On Targeting Frameworks And Optimal Monetary Policy
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Money, Credit and Banking"
DOI: 10.1111/jmcb.12633
Abstract: Speed limit policy, a monetary policy strategy that focuses on stabilizing inflation and the change in the output gap, consistently delivers better welfare outcomes than flexible inflation targeting or flexible price level targeting in empirical… read more here.
Keywords: policy; frameworks optimal; monetary policy; targeting frameworks ... See more keywords
Optimal Monetary Policy with Heterogeneous Agents: A Model Based on Time Consistency Problem
Sign Up to like & getrecommendations! Published in 2020 at "iranian economic review"
DOI: 10.22059/ier.2020.76095
Abstract: Policy rules as one of the most acceptable methods in monetary policies is among the significant characteristics of researches about policy making. A policy rule states how the policy tools should react to changes in… read more here.
Keywords: time consistency; policy; optimal monetary; monetary policy ... See more keywords